The Vita o pany-Why Vita Coco Company, Inc. (COCO) Outpaced the Stock Market Today

Group 1 - Vita Coco Company, Inc. (COCO) closed at $37.32, with a +0.65% change from the previous day, outperforming the S&P 500 which gained 0.36% [1] - Over the last month, COCO shares increased by 9.12%, while the Consumer Staples sector experienced a loss of 0.5% and the S&P 500 gained 2.11% [1] Group 2 - The upcoming earnings report for Vita Coco is expected to show an EPS of$ 0.08, reflecting a 27.27% decline compared to the same quarter last year, with revenue anticipated at $122.22 million, a 15.15% increase from the prior-year quarter [2] Group 3 - Changes in analyst estimates for Vita Coco are important as they indicate short-term business trends, with positive revisions suggesting analyst optimism about the company's performance [3] Group 4 - The Zacks Rank system, which incorporates estimate changes, indicates that COCO is currently ranked 2 (Buy), with the consensus EPS estimate moving 0.43% higher over the last 30 days [5] Group 5 - Vita Coco has a Forward P/E ratio of 31.83, which is higher than the industry average of 17.83, and a PEG ratio of 2.22, matching the average for the Beverages - Soft drinks industry [6] Group 6 - The Beverages - Soft drinks industry, part of the Consumer Staples sector, holds a Zacks Industry Rank of 180, placing it in the bottom 29% of over 250 industries [7]